Global Portable Depression & Mood Monitoring Market

Global Portable Depression & Mood Monitoring Market Size, Trends & Analysis - Forecasts to 2026 By Product (Smart Wrist Bands, Smart Head Bands, Smart Monitoring Rings and Mood & Emotions Tracking Apps), By Application (Mood Tracking Application, Mood Refocus Application and Other Application), By End-User (Home Care Settings, and Healthcare Providers), Competitive Landscape Company Market Share Analysis, and Competitor Analysis

Category Healthcare

Format

This report was recently updated on April 9 2024 with the latest and most recent market numbers

Portable Depression & Mood Monitoring Market Insights

Loss of interest in work, physical and emotional activities, and other things, causes major impairment in mental health disorder patient. Mental health disorder can be defined as mode of depression for a constant period of time which leads to chronic psychotic disorders if ignored or not traced at an early stage. Potential reasons for such state of mind comes from a collective source of distress from psychological, biological and social place. Because of the high incidence rate of mental disorders witnessed across the globe, many researchers are engaging in developing medicines, drugs, devices, therapies, apps and other treatment protocol to address the disease. Researchers also suggest that the ill effect of these diseases affects the brain physiology heavily leading to permanent damage to neural circuits of the brain.

A range of behavioural symptoms are loss of sleep, anger, frustration, lack of energy and concentration, confusion, mood swings, low self-esteem and suicidal thoughts. The healthcare industry has been witnessing a series of launch of drugs and medicines to address such symptoms, however portable and user friendly devices have been recently introduced. These devices help the users to track their mood, behaviour, physical parameters, vital signs, etc. in order to bounce back from slipping into the chronic condition level. These devices not only track the parameters, but also address the mood swing issue by offering virtual reality therapies through their integrated software and sound systems. These devices also analyze the health data that can offer relentless support for the treatment procedure by the healthcare provider. With the increasing cases of depression and anxiety, the market for smart and portable depression & mood monitors is ought to be growing the fastest during the forecast period. As per the NIH data, as of 2019, around 9.7% of the people of the United States have had some or the other form of mood disorder in their entire lifetime. However, as per the recent data for 2020, the prevalence of most of the chronic disorders among adults increased and was seen to be higher in women (11.6% of the overall US population) than in men (7.7% of the overall US population). Also with the rising awareness about mental health and its side effects, and rising government initiatives such as campaign, seminars, product promotions etc. for promoting disease identification, disease diagnosis and disease treatment have helped the market grow rapidly. However, on the contrary, the market may face challenges in low income and developing countries owing to the trend of social stigma of acceptance of mental disorder and awareness of its symptoms.

global portable depression & mood monitoring market

Portable Depression & Mood Monitoring Market: By Product Type

Based on the product the market is segmented into smart wrist bands, smart head bands, smart monitoring rings and mood & emotions tracking apps. The smart wrist bands segment will be the largest segment owing to increasing popularity of measuring thermal temperature of the user to create a data. Also, the emotions tracking apps will be the fastest growing segment owing to factors like ease in availability, access, affordability and quick and response therapy options offered.

Portable Depression & Mood Monitoring Market: By Application

Based on the application the portable depression & mood monitoring market can be segmented into mood tracking application, mood refocus application and other application. The mood tracking application segment will be the largest one during the forecast period of 2021 to 2026. With the high incidence of the mood disorders and lack of awareness of its diagnosis, the tracking application will be the largest market segment.

Portable Depression & Mood Monitoring Market: By End-User

Based on the end user segment this market can be classified into home care setting and healthcare providers. Based on the design of the products for the patients, and the increasing awareness of mood disorder tracking in developed countries, the market for home care setting is ought to be the largest market and also the fastest growing market from 2021 to 2026.

asia pacific portable depression & mood monitoring market

Portable Depression & Mood Monitoring Market: By Region

As per the geographical analysis, the portable depression & mood monitoring market can be classified into North America (the United States, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa (Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa) and Central & South America (Brazil, Argentina, and Rest of Central and South America). North America (the United States, Canada, and Mexico) will be the market segment with a lion’s share as the number of users for smart trackers are more in developed regions than in developing ones. Supportive government regulations related to reimbursement scenario, rising initiatives for mental health disorder awareness, increasing social stigma related to the approach of treatment, and rising affordability of home based smart devices are some of the other drivers of the portable depression & mood monitoring market that are supporting the growth from 2021 to 2026. The Asia Pacific regional segment will be the fastest growing segment owing to high prevalence of mental health and mood disorders. Also, untapped markets in the Asian countries can serve as high opportunity area for portable depression & mood monitoring market players to launch their devices and apps.

Portable Depression & Mood Monitoring Market Share and Competitor Analysis

Empatica Inc., PIP, Spire Health, Muse, EMOTIV, MoodMonitor, Amazon, Oura, Taison Digital, Sentio Solutions Inc., Moxo, BellaBeat, Beyond Verbal, MoodNotes, MoodBeam, EMOODS, HeartMath, Inc., Sonde Health, Inc., Healium and Reflect Innovation are the key players in the portable depression & mood monitoring market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1 Methodology

1.1 Market Scope & Definitions

1.2 Estimates & Forecast Calculation

1.3 Historical Data Overview and Validation

1.4 Data Sources

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Report Outlook

2.1 Portable Depression & Mood Monitoring Industry Overview, 2019-2026

2.1.1 Industry Overview

2.1.2 Product Overview

2.1.3 Application Overview

2.1.4 End-User Overview

2.1.6 Regional Overview

Chapter 3 Portable Depression & Mood Monitoring Market Trends

3.1 Market Segmentation

3.2 Industry Background, 2019-2026

3.3 Market Key Trends

3.3.1 Positive Trends

3.3.1.1 Rising prevalence of mood disorders

3.3.2 Industry Challenges

3.3.2.1 Lack of awareness regarding the mood disorder diagnosis

3.4 Prospective Growth Scenario

3.4.1 Product Growth Scenario

3.4.2 Application Growth Scenario

3.4.3 End-User Growth Scenario

3.5 COVID-19 Influence over Industry Growth

3.6 Porter’s Analysis

3.7 PESTEL Analysis

3.8 Value Chain & Supply Chain Analysis

3.9 Regulatory Framework

3.9.1 North America

3.9.2 Europe

3.9.3 APAC

3.9.4 LATAM

3.9.5 MEA

3.10 End-User Overview

3.11 Market Share Analysis, 2020

3.11.1 Company Positioning Overview, 2020

Chapter 4 Portable Depression & Mood Monitoring Market, By Product

4.1 Product Outlook

4.2 Smart Wrist Bands

4.2.1 Market Size, By Region, 2019-2026 (USD Million)

4.3 Smart Head Bands

4.3.1 Market Size, By Region, 2019-2026 (USD Million)

4.4 Smart Monitoring Rings

4.4.1 Market Size, By Region, 2019-2026 (USD Million)

4.5 Mood & Emotions Tracking Apps

4.5.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 5 Portable Depression & Mood Monitoring Market, By Application

5.1 Application Outlook

5.2 Mood Tracking Application

5.2.1 Market Size, By Region, 2019-2026 (USD Million)

5.3 Mood Refocus Application

5.3.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 6 Portable Depression & Mood Monitoring Market, By End-User

6.1 Home Care Settings

6.1.1 Market Size, By Region, 2019-2026 (USD Million)

6.2 Healthcare Provider

6.2.1 Market Size, By Region, 2019-2026 (USD Million)

Chapter 7 Portable Depression & Mood Monitoring Market, By Region

7.1 Regional outlook

7.2 North America

7.2.1 Market Size, By Country 2019-2026 (USD Million)

7.2.2 Market Size, By Product, 2019-2026 (USD Million)

7.2.3 Market Size, By Application, 2019-2026 (USD Million)

7.2.4 Market Size, By End-User, 2019-2026 (USD Million)

7.2.6 U.S.

7.2.6.1 Market Size, By Product, 2019-2026 (USD Million)

7.2.4.2 Market Size, By Application, 2019-2026 (USD Million)

7.2.4.3 Market Size, By End-User, 2019-2026 (USD Million)

7.2.7 Canada

7.2.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.2.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.2.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.3 Europe

7.3.1 Market Size, By Country 2019-2026 (USD Million)

7.3.2 Market Size, By Product, 2019-2026 (USD Million)

7.3.3 Market Size, By Application, 2019-2026 (USD Million)

7.3.4 Market Size, By End-User, 2019-2026 (USD Million)

7.3.6 Germany

7.3.6.1 Market Size, By Product, 2019-2026 (USD Million)

7.3.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.6.3 Market Size, By End-User, 2019-2026 (USD Million)

7.3.7 UK

7.3.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.3.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.3.8 France

7.3.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.3.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.3.9 Italy

7.3.9.1 Market Size, By Product, 2019-2026 (USD Million)

7.3.9.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.9.3 Market Size, By End-User, 2019-2026 (USD Million)

7.3.10 Spain

7.3.10.1 Market Size, By Product, 2019-2026 (USD Million)

7.3.10.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.10.3 Market Size, By End-User, 2019-2026 (USD Million)

7.3.11 Russia

7.3.11.1 Market Size, By Product, 2019-2026 (USD Million)

7.3.11.2 Market Size, By Application, 2019-2026 (USD Million)

7.3.11.3 Market Size, By End-User, 2019-2026 (USD Million)

7.4 Asia Pacific

7.4.1 Market Size, By Country 2019-2026 (USD Million)

7.4.2 Market Size, By Product, 2019-2026 (USD Million)

7.4.3 Market Size, By Application, 2019-2026 (USD Million)

7.4.4 Market Size, By End-User, 2019-2026 (USD Million)

7.4.6 China

7.4.6.1 Market Size, By Product, 2019-2026 (USD Million)

7.4.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.6.3 Market Size, By End-User, 2019-2026 (USD Million)

7.4.7 India

7.4.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.4.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.4.8 Japan

7.4.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.4.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.4.9 Australia

7.4.9.1 Market Size, By Product, 2019-2026 (USD Million)

7.4.9.2 Market size, By Application, 2019-2026 (USD Million)

7.4.9.3 Market Size, By End-User, 2019-2026 (USD Million)

7.4.10 South Korea

7.4.10.1 Market Size, By Product, 2019-2026 (USD Million)

7.4.10.2 Market Size, By Application, 2019-2026 (USD Million)

7.4.10.3 Market Size, By End-User, 2019-2026 (USD Million)

7.5 Latin America

7.5.1 Market Size, By Country 2019-2026 (USD Million)

7.5.2 Market Size, By Product, 2019-2026 (USD Million)

7.5.3 Market Size, By Application, 2019-2026 (USD Million)

7.5.4 Market Size, By End-User, 2019-2026 (USD Million)

7.5.6 Brazil

7.5.6.1 Market Size, By Product, 2019-2026 (USD Million)

7.5.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.5.6.3 Market Size, By End-User, 2019-2026 (USD Million)

7.5.7 Mexico

7.5.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.5.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.5.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.5.8 Argentina

7.5.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.5.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.5.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.6 MEA

7.6.1 Market Size, By Country 2019-2026 (USD Million)

7.6.2 Market Size, By Product, 2019-2026 (USD Million)

7.6.3 Market Size, By Application, 2019-2026 (USD Million)

7.6.4 Market Size, By End-User, 2019-2026 (USD Million)

7.6.6 Saudi Arabia

7.6.6.1 Market Size, By Product, 2019-2026 (USD Million)

7.6.6.2 Market Size, By Application, 2019-2026 (USD Million)

7.6.6.3 Market Size, By End-User, 2019-2026 (USD Million)

7.6.7 UAE

7.6.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.6.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.6.7.3 Market Size, By End-User, 2019-2026 (USD Million)

7.6.8 South Africa

7.6.7.1 Market Size, By Product, 2019-2026 (USD Million)

7.6.7.2 Market Size, By Application, 2019-2026 (USD Million)

7.6.7.3 Market Size, By End-User, 2019-2026 (USD Million)

Chapter 8 Company Landscape

8.1 Competitive Analysis, 2020

8.2 Empatica Inc.

8.2.1 Company Overview

8.2.2 Financial Analysis

8.2.3 Strategic Positioning

8.2.4 Info Graphic Analysis

8.3 PIP

8.3.1 Company Overview

8.3.2 Financial Analysis

8.3.3 Strategic Positioning

8.3.4 Info Graphic Analysis

8.4 Spire Health

8.4.1 Company Overview

8.4.2 Financial Analysis

8.4.3 Strategic Positioning

8.4.4 Info Graphic Analysis

8.5 Muse

8.5.1 Company Overview

8.5.2 Financial Analysis

8.5.3 Strategic Positioning

8.5.4 Info Graphic Analysis

8.6 EMOTIV

8.6.1 Company Overview

8.6.2 Financial Analysis

8.6.3 Strategic Positioning

8.6.4 Info Graphic Analysis

8.7 MoodMonitor

8.7.1 Company Overview

8.7.2 Financial Analysis

8.7.3 Strategic Positioning

8.7.4 Info Graphic Analysis

8.8 Amazon

8.8.1 Company Overview

8.8.2 Financial Analysis

8.8.3 Strategic Positioning

8.8.4 Info Graphic Analysis

8.9 Oura

8.8.1 Company Overview

8.8.2 Financial Analysis

8.8.3 Strategic Positioning

8.8.4 Info Graphic Analysis

8.10 Taison Digital

8.10.1 Company Overview

8.10.2 Financial Analysis

8.10.3 Strategic Positioning

8.10.4 Info Graphic Analysis

8.11 Other Companies

8.11.1 Company Overview

8.11.2 Financial Analysis

8.11.3 Strategic Positioning

8.11.4 Info Graphic Analysis

The Global Portable Depression & Mood Monitoring Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Portable Depression & Mood Monitoring Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.